Eschenbach, Felix; Francois, Joseph - C.E.P.R. Discussion Papers - 2002
We explore dynamic linkages between financial/banking sector openness, financial sector competition, and growth. We … based on data for 130 countries for the 1990s. Our results point to a strong positive relationship between financial sector … competition/performance and financial sector openness (meaning foreign bank access to domestic markets), and between growth and …